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AI Fears and Geopolitics Shake Asian Markets | San Antonio News
Asian markets swung wildly today as tech stocks in Japan and South Korea tumbled amid growing skepticism over AI company valuations, while U.S. futures hinted at a rebound after a week of Wall Street declines. Oil prices surged thanks to escalating U.S.-Iran tensions, adding geopolitical risk to investor nerves. South Korea’s Kospi clawed back from steep losses thanks to a massive $500B chip investment plan—but giants like Samsung and SK Hynix still fell. Tokyo’s Nikkei edged up, but SoftBank plummeted after last week’s slide. Taiwan’s tech hubs mirrored the global AI caution. Markets remain…
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